Trading Signals: SHOP Stock Price Prediction and Forecast

^ SHOP: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Oct. 24, 2016

Trading Signals: SHOP Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Dec. 22, 2023)

(Shopify Inc. )
SHOP latest price $43.8600 (0.87%) ($43.5500 - $44.2400) on Mon. Oct. 24, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.24% (three month average)
RSI   52
Latest Price   $43.8600(0.87%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.9% a day on average for past five trading days.
Weekly Trend   SHOP declines -0.4% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
IBUY(61%)    SKYY(60%)    ARKK(55%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -1.12% in a week (0% probabilities).
VIXM(-9%)    UUP(-8%)    SHY(-5%)    IPO(-4%)    TLT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.12% (StdDev 2.24%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $43.27(1.36%)
10 Day Moving Average   $42.83(2.4%)
20 Day Moving Average   $43.12(1.72%)
To recent high   -1.4%
To recent low   34.7%
Market Cap   $5.267b

Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded by Tobias Albin LÃ¼tke, Daniel Weinand and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.

$. SHOP price fluctuates within 1.46% (three month std-dev: 2.24%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161124

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_24_2016	37.26	43.12	42.83	43.27	43.34	43.5	43.86(0.87%)	N/A	N/A	0	0.9	14	30	20	-4	0.33	78%	0.38	-6.2	2.24%	0	1.2	52	INF
2	Oct_21_2016	37.12	43.08	42.8	42.9	42.99	43.5	43.48(0.76%)	N/A	N/A	0	1	0	40	6	-18	0.33	78%	0.38	-21.1	2.24%	0	0.7	53	INF
3	Oct_20_2016	36.98	43.07	42.86	42.77	42.75	43.18	43.15(-0.55%)	N/A	N/A	0	0.6	8	70	14	-12	0.25	78%	0.33	-13.2	2.25%	0	0.1	52	INF
4	Oct_19_2016	36.86	43.1	42.9	42.56	42.63	42.8	43.39(2.14%)	N/A	N/A	0	1.2	12	30	20	-14	0.5	79%	0.38	-7.5	2.24%	0	0.4	53	INF
5	Oct_18_2016	36.72	43.1	42.92	42.36	42.26	42.31	42.48(1.09%)	DP	OpenShort	-75	0.2	-8	0	-2	-24	0.23	79%	0.16	8	2.26%	0	-1	49	INF

6	Oct_17_2016	36.66	43.15	43.02	42.32	42.2	42.47	42.02(-1.87%)	DT	OpenShort	-75	-0.4	-11	40	-5	-29	0.44	79%	0.38	18.8	2.26%	0	-1.6	37	INF
7	Oct_14_2016	36.52	43.21	43.13	42.67	42.47	42.21	42.82(1.73%)	DP	OpenShort	-75	0.2	-9	-60	-5	-19	0.5	79%	0.41	39.2	2.25%	0	-0.5	48	INF
8	Oct_13_2016	36.37	43.21	43.15	42.97	42.85	41.94	42.09(-0.71%)	DT	OpenShort	-75	-1.1	-31	-160	-33	-23	0.92	79%	0.41	50.8	2.24%	0	-1.3	41	INF
9	Oct_12_2016	36.22	43.15	43.25	43.29	43.47	42.73	42.39(0.21%)	DP	OpenShort	-75	-1	-29	-110	-33	-17	0.34	79%	0.42	47.8	2.25%	0	-0.8	39	INF
10	Oct_11_2016	36.07	43.09	43.3	43.57	43.83	43.76	42.3(-3.27%)	DT	OpenShort	-75	-1.2	-15	10	-16	-10	0.56	80%	0.45	41.4	2.26%	0	-0.8	35	INF

11	Oct_10_2016	35.91	43.02	43.47	43.79	43.97	44.2	43.73(-1.42%)	UD	OpenLong	75	-0.1	13	50	12	17	0.43	85%	0.5	35.8	2.22%	0	0.7	59	INF
12	Oct_7_2016	35.73	42.92	43.41	43.65	43.79	43.91	44.36(1.56%)	UT	OpenLong	75	0.6	13	30	13	14	0.74	85%	0.53	27.2	2.22%	0	1.3	59	INF
13	Oct_6_2016	35.54	42.76	43.3	43.36	43.53	43.74	43.68(-0.21%)	UD	OpenLong	75	0.3	8	50	6	12	0.31	85%	0.48	22.8	2.22%	0	0.9	65	INF
14	Oct_5_2016	35.37	42.72	43.31	43.22	43.37	43.68	43.77(0.83%)	UT	OpenLong	75	0.5	16	60	14	22	0.49	85%	0.51	28	2.22%	0	1	63	INF
15	Oct_4_2016	35.19	42.67	43.36	43.01	43.22	43.33	43.41(0.88%)	UT	OpenLong	75	0.4	14	30	8	33	0.56	85%	0.49	29.7	2.23%	0	0.7	66	INF

16	Oct_3_2016	35.02	42.65	43.36	43.11	42.91	43.05	43.03(0.26%)	UD	OpenLong	65	-0.1	9	10	-3	43	0.58	85%	0.49	40.1	2.24%	0	0.4	66	INF
17	Sep_30_2016	34.85	42.62	43.28	43.14	43.02	43.1	42.92(-0.09%)	UD	OpenLong	75	-0.2	18	0	5	56	0.38	85%	0.49	45.5	2.24%	0	0.3	58	INF
18	Sep_29_2016	34.68	42.51	43.15	43.23	43.05	42.76	42.96(0.49%)	UD	OpenLong	65	-0.2	9	-60	-8	58	0.67	87%	0.49	45.2	2.25%	0	0.4	61	INF
19	Sep_28_2016	34.51	42.44	43.05	43.41	43.13	42.93	42.75(-2.55%)	N/A	N/A	0	-0.6	-4	-50	-22	50	1.47	88%	0.47	51.1	2.35%	0	0.3	48	INF
20	Sep_27_2016	34.35	42.37	42.89	43.76	43.65	42.93	43.87(1.55%)	UT	OpenLong	75	0.1	20	-60	5	63	0.46	83%	0.53	57.9	2.38%	0	1.3	54	INF

21	Sep_26_2016	34.17	42.24	42.57	43.47	43.7	43.34	43.2(-0.35%)	UD	OpenLong	65	-0.2	1	-40	-10	32	0.42	83%	0.47	48.7	2.55%	0	0.9	50	INF
22	Sep_23_2016	34.01	42.15	42.41	43.42	43.56	43.96	43.35(-1.16%)	UD	OpenLong	75	-0.1	13	70	6	32	0.63	77%	0.44	44.8	2.71%	0	1.1	54	INF
23	Sep_22_2016	33.86	42.02	42.18	43.05	43.41	44.06	43.86(-1.44%)	UD	OpenLong	75	0.7	32	130	32	33	1.02	77%	0.42	37	2.75%	0	1.7	63	INF
24	Sep_21_2016	33.72	41.87	42.09	42.63	42.68	43.16	44.5(4.8%)	UT	OpenLong	75	1.8	26	80	26	27	1.06	77%	0.42	38.2	2.74%	0	2.6	61	INF
25	Sep_20_2016	33.58	41.71	41.88	41.91	42.12	42.75	42.46(-1.14%)	UD	OpenLong	75	0.7	19	120	21	12	0.97	76%		41.7	2.69%	0	0.9	56	INF
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.